Verizon completes $38.50-per-share cash acquisition of Frontier Communications
Verizon said on January 20, 2026 that it completed its previously announced acquisition of Frontier Communications Parent, Inc. under a merger agreement dated September 4, 2024. Frontier became a wholly owned Verizon subsidiary, and each outstanding Frontier share was converted into the right to receive $38.50 in cash. For Verizon shareholders, the filing confirms closing of a large deal but does not disclose its financial terms beyond the per-share price paid to Frontier holders.
Key points
- Acquisition completed January 20, 2026 under a merger agreement dated September 4, 2024
- Frontier common stock converted into the right to receive $38.50 per share in cash
- Frontier survives the merger as a wholly owned subsidiary of Verizon
- Shares owned by Verizon, Frontier or Merger Sub were cancelled for no consideration
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 20, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.